A smartphone with a regular price of $178 is on sale for $128. Find the markdown

Answer 1

To find the price reduction in $, subtract the final price from the initial price:

178$-128$=50$

To find the equivalent % reduction:

178$ is 100% of the original price

50$ is the markdown

So dividing the markdown by the original item value yields the % as shown:

50/178=0.28=28%

The discount is approximately 28% of the original price of the phone